Foreign Collusion, Naked Shorting (Counterfeiting) & Money Laundering — All Illicit Wealth
RM LAW Announces Class Action Lawsuit Against Fifth Third Bancorp
21 April 2020
RM LAW, P.C. announces that a class action lawsuit has been filed on behalf of all persons or entities that purchased Fifth Third Bancorp (“Fifth Third” or the “Company”) (NASDAQ: FITB) securities during the period from February 26, 2016 through March 6, 2020 , inclusive (the “Class Period”).
SEC Delays CAT Deadline for Broker-Dealers Amid COVID-19
Celeste Skinner
FinanceMagnates, 21 April 2020
The Securities and Exchange Commission (SEC) has yet again pushed back the date for when broker-dealers will need to report data to the regulator’s Consolidated Audit Trail (CAT), allowing firms to instead focus their efforts on dealing with the coronavirus pandemic and the impact it is having on their businesses.
In a statement published on Monday, the US regulator said that it had voted in favour of issuing two exemptive orders in which it will move the CAT implementation forward, with the first action required on the 22nd of June, 2020.
15 April 2020
Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Cronos Group, Inc. (NASDAQ: CRON) between May 9, 2019 and March 2, 2020, inclusive (the “Class Period”), of the important May 11, 2020 lead plaintiff deadline in the securities class action. The lawsuit seeks to recover damages for Cronos investors under the federal securities laws.
February 2004-April 2020
This text file contains the date, CUSIP numbers, ticker symbols, issuer name, price, and total number of fails-to-deliver (i.e., the balance level outstanding) recorded in the National Securities Clearing Corporation’s (“NSCC”) Continuous Net Settlement (CNS) system aggregated over all NSCC members. Data prior to September 16, 2008 include only securities with a balance of total fails-to-deliver of at least 10,000 shares as of a particular settlement date. Data on or after September 16, 2008 include all securities with a balance of total fails-to-deliver as of a particular settlement date. The data include fails-to-deliver in equity securities.
9 April 2020
The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Six Flags Entertainment Corporation (“Six Flags” or “the Company”) (NYSE: SIX) for violations of —-10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against iQIYI, Inc. – IQ
8 April 2020
Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of iQIYI, Inc. (NASDAQ: IQ) resulting from allegations that iQIYI may have issued materially misleading business information to the investing public.
8 April 2020
Law Offices of Howard G. Smith reminds investors of the upcoming May 28, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired HF Foods Group Inc. (“HF Foods” or “the Company”) (NASDAQ: HFFG) securities between August 23, 2018 and March 23, 2020, inclusive (the “Class Period”).
3 April 2020
The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Luckin Coffee Inc. (“Luckin” or “the Company”) (NASDAQ: LK) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
RM LAW Announces Class Action Lawsuit Against HF Foods Group Inc.
3 April 2020
RM LAW, P.C. announces that a class action lawsuit has been filed on behalf of all persons or entities that purchased HF Foods Group Inc. (“HF Foods” or the “Company”) (NASDAQ:HFFG) securities during the period from August 23, 2018 through March 23, 2020, inclusive (the “Class Period”).
1 April 2020
In November 2019, Canaan completed its initial public offering (“IPO”), selling 10 million American Depositary Shares (“ADSs”) priced at $9.00 per share. Then, on February 20, 2020, an investment analyst publishing under the pseudonym Marcus Aurelius published a short report entitled “Canaan Fodder.” The report alleged, among other things, that Canaan was engaged in several undisclosed related-party transactions that lacked economic substance, including the sale of $150 million worth of equipment to a small Hong Kong company with an undisclosed relationship with a significant Canaan shareholder.
1 April 2020
Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Mesa Air Group, Inc. (NASDAQ: MESA) on behalf of Mesa stockholders. Our investigation concerns whether Mesa has violated the federal securities laws and/or engaged in other unlawful business practices.
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of XP, Inc. – XP
30 March 2020
In December 2019, XP conducted its initial public offering (“IPO”), offering 72,510,641 shares of common stock priced at $27.00 per share. Then, on March 6, 2020, The Winkler Group published a short report questioning the accuracy of XP’s financial statements. Among other allegations, the report alleges significant discrepancies between XP’s internal audits and the financial statements that XP provided investors in its IPO prospectus. The report also alleges that “XP fired its auditor after the auditor found material weaknesses in its financial reporting[.]”
The Tide Is Going Out and JPMorgan, Deutsche Bank and AIG Appear to Be Swimming (Read Trading) Naked
Pam Martens, Russ Martens
Wall Street on Parade, 29 March 2020
Warren Buffet is credited with the quote: “Only when the tide goes out do you discover who’s been swimming naked.”
Friday’s closing prices among some of the heavily interconnected mega Wall Street banks and insurance companies known to be counterparties to Wall Street’s derivatives appeared to show who’s swimming naked in the realm of derivatives – naked meaning who has sold derivative protection (gone short the risk) on something that is blowing up.
27 March 2020
Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Hanmi Financial Corporation (“Hanmi” or the “Company”) (NASDAQ: HAFC) securities between August 12, 2019 and January 28, 2020, inclusive (the “Class Period”). Hanmi investors have until May 26, 2020 to file a lead plaintiff motion.
26 March 2020
Law Offices of Howard G. Smith continues its investigation on behalf of CIRCOR International, Inc. (“CIRCOR” or the “Company”) (NYSE: CIR) investors concerning the Company and its officers’ possible violations of federal securities laws.
THE DOLLAR HAS NO INTRINSIC VALUE : DO YOUR ASSETS?
